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Fin Literate Africa Profile picture
Fin Literate Africa
@FinLitAfrica
Investment tips and advice to help young Africans live financially intelligent lifestyles. Join our community 👇👇
Jul 29, 2021 • 7 tweets • 2 min read
The Central Bank of Nigeria has Announced a New FX Policy.

(Aka how to access dollars)

Here’s why you should care👇 The Policy says that:

1. CBN would stop selling FX to Bureau de Change (BDCs) operators, aka the guy that sells dollars on the street.

2. CBN would also no longer issue new license to BDCs.